Devry BUSN379 Week 2 Discussion DQ1 & DQ 2 Latest 2015 November
QUESTION
DQ 1Why does money have a time value? Can you provide at least one real-life scenario in which you can apply the concept of time value of money?DQ 2What is the difference between the annual percentage rate (APR) and the effective annual rate (EAR)? Which rate do you believe is more relevant for financial decisions and why?
ANSWER:
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